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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Houston at 6601 Sands Point Dr APT 29, Houston, TX, 77074 generates $1,417/mo in rent and, after a $656/mo payment, leaves $139/mo in cash flow. Total monthly income is $1,417/mo, and annual cash flow is $1,668/yr on $44,421 invested. Return on cash invested sits at 23.66% in year one, and rental yield is 12.69% on a $134,000 entry. Equity gained on principal adds $865/yr, while 5% annual appreciation builds toward $37,022 over five years. Five-year ROI reaches 127.37% and total cumulative return in cash sums $56,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,417/mo property income rather than buyer’s personal income.
Condo
Built in 1978
3.71 Acres lot
$N/A/sqft
$325 monthly HOA
Neighborhood data shown for ZIP Code: 77074, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,800 (100%) |
| Owner Occupied HU | 4,392 (27.8%) |
| Renter Occupied HU | 9,971 (63.1%) |
| Vacant Housing Units | 1,437 ( 9.1%) |
| Median Home Value | $240,326 |
| Average Home Value | $263,668 |
Residential
14,136
Single Family
5,811
Multi-Family
8,325
Businesses
2,034
Date | Event | Price |
|---|---|---|
| 2024-09-15 | Price change | $134,000 |
| 2024-08-05 | Listed for sale | $137,000 |
| 2024-05-06 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $94,339 | -10.19% |
| 2023-12-27 | $679.00 | -11.85% | $105,041 | 38.11% |
| 2022-12-27 | $770.26 | N/A | $76,054 | 24.68% |
Listed by: Daisy Contreras • City Insight Houston
Mls Name: HAR
Mls Provider:
Mls ID: #83113165
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
